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welcome back to the kaiser report imax keyser time now to turn the author and gold bug dominic frisby out with this new book a life after the state dominic welcome back to the kaiser report thank you very much max a pleasure to be here all right dominic frisby life after the state your book is that people come by tell us about the book it kind of was one of these books that kind of just happened but basically it is a very gentle attack on the large state model that we currently operate that we currently live by in the west and people don't know this but we've only really had this model for one hundred years and there's a there's a well known historian called a j. p. taylor and he was writing about nine hundred fourteen in his book the origins of war and the opening sentence of his book reads until nine hundred fourteen a sensible law abiding englishman could pass through life and hardly notice the existence of the state beyond the post office and the policeman that kind of when i read that that kind of made me kind of sit up and listen a bit and. if you think in at the turn of the say
welcome back to the kaiser report imax keyser time now to turn the author and gold bug dominic frisby out with this new book a life after the state dominic welcome back to the kaiser report thank you very much max a pleasure to be here all right dominic frisby life after the state your book is that people come by tell us about the book it kind of was one of these books that kind of just happened but basically it is a very gentle attack on the large state model that we currently operate that we...
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had political ambitions but the government especially the presidency senate and supremes court was dominated by the southern elites as many northerners became frustrated and embittered the southerners also felt the pressure and became increasingly defensive so there was an emerging sense of no longer where these elite cooperating they started competing they weren't willing to compromise and you see that now and it might not just be southern versus northern though it looks like that is about industries perhaps agricultural a big ag or cultural industries a versus big military industrial complex there are too many people trying to get a cut of the pie i mean people don't understand this part of american history that before the civil war that washington in the power in america was controlled by the southern states and their vast slave plantations that gave them their wealth power and influence then you had these upstart the northerners in new england new york boston and they were frustrated because they couldn't get their way into the elite tables the congress and the halls of power and this is
had political ambitions but the government especially the presidency senate and supremes court was dominated by the southern elites as many northerners became frustrated and embittered the southerners also felt the pressure and became increasingly defensive so there was an emerging sense of no longer where these elite cooperating they started competing they weren't willing to compromise and you see that now and it might not just be southern versus northern though it looks like that is about...
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one of those seminal moments in history where technology enables a continent to suddenly become quite dominant in the world economy and then a country like the u.s. which is trying to put up the roadblocks is going to really take themselves out of the game here karl yeah i think that's very important to understand one of the countries that has adopted. so readily has been china and i think hundred years from now historians may look back on this and say this was the suez canal moment this was the moment when power shifted from maybe the western countries u.k. united states over towards the eastern countries do which is the chinese now accept that as a method of payment i don't think it's all of a sudden jump from the one hundred fifty dollars range to four hundred dollars in the weeks following dollars so the people in china that i speak with are a minute sleeper wish on bitcoin and cripple currencies in general and you know i think you're exactly right especially regarding africa you know this decentralized currency is going to allow people who traditionally haven't had access to easy credit o
one of those seminal moments in history where technology enables a continent to suddenly become quite dominant in the world economy and then a country like the u.s. which is trying to put up the roadblocks is going to really take themselves out of the game here karl yeah i think that's very important to understand one of the countries that has adopted. so readily has been china and i think hundred years from now historians may look back on this and say this was the suez canal moment this was...
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well let's look at this diet of gulping air as applied to central banking first the government dominated bond market this is an article about j.p. morgan's report looking at supply and demand in the global bond market in twenty fourteen and the black and gray parts are government official demand i government and government and central bank buying accounts for one point six trillion more than half of the bond buying so far this year right well i feel this conversation and evidently moving toward this idea of the eucharist and transubstantiation which was part of the catholic tradition that the we for in the wine are not virtual facsimiles of jesus but they are actually through the process of transubstantiation actual. what can i say that it's a body and jesus this is jesus so this is what the central banks have taken on as transubstantiation as applies to monetary theory in quantitative easing when they buy back their own bonds. they are recognizing the fact that their activity is not a virtual facsimile of an economic activity but it is godlike in that it is the activity that is the econ
well let's look at this diet of gulping air as applied to central banking first the government dominated bond market this is an article about j.p. morgan's report looking at supply and demand in the global bond market in twenty fourteen and the black and gray parts are government official demand i government and government and central bank buying accounts for one point six trillion more than half of the bond buying so far this year right well i feel this conversation and evidently moving toward...
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are rejecting the americans who are not willing to accept the barbarians yet us has already seeded dominance in big queen trading so currently the top four big exchanges by volume are located outside of the us with the largest being in china and less than two percent of worldwide trading a real time market making occurs within the u.s. jurisdiction that's because people it's not illegal to trade or sell because people are afraid they're free to seize or how he will react to this challenge to his authority well is it going to race to global bitcoin race remember the space race the late one nine hundred sixty s. russia sputnik which is still is a new show on our take that you know it's really george galloway his wife gave her sputnik only r.t. but getting back to what i was saying so russia which one out there. became the space race and everyone in the u.s. big game oh lord we're going to lose the space race so then john f. kennedy before us i got blown off said you know what we're going to put a man of the moon and then they won the space race but now we've got a new race is called a big goin
are rejecting the americans who are not willing to accept the barbarians yet us has already seeded dominance in big queen trading so currently the top four big exchanges by volume are located outside of the us with the largest being in china and less than two percent of worldwide trading a real time market making occurs within the u.s. jurisdiction that's because people it's not illegal to trade or sell because people are afraid they're free to seize or how he will react to this challenge to...
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is dominated on both sides by the official sector private participants might sit in the middle as market makers or try to borrow money here and there but overall what you're looking at when you look at the bond market is government issuing debt and governments buying at well it's it's called monetizing debt yes which is a fraud and they don't call it monetization they call quantitative easing but joe yellen will be kind of like a remake of robert de niro taxi driver or she's going to be every month at the federal open market policy committee say you done for me you buying from me you buying from me. you know she's going to have that hog face stuck in a mirror somewhere you montreux me you know this will be the policies going forward that should go out on a some kind of murder spree and well the thing about breath air it is them is you know you do need sustenance this is why people die because the gulping air parent doesn't work you need nutrients minerals water and the same thing for the global economy the bond market is supposed to be part of the sustenance of capitalism of entrepreneur
is dominated on both sides by the official sector private participants might sit in the middle as market makers or try to borrow money here and there but overall what you're looking at when you look at the bond market is government issuing debt and governments buying at well it's it's called monetizing debt yes which is a fraud and they don't call it monetization they call quantitative easing but joe yellen will be kind of like a remake of robert de niro taxi driver or she's going to be every...
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economy a new currency a new crypto currency and of course going back three years four years ago this was dominated by guess what you could call almost a crypto punk community i mean deep hacker community very small very dedicated and they consider themselves i guess you could say to be purists whereas now three years later you have more of a commercial side of bitcoin going on and you have the bitcoin foundation which is really the public face now a bit coin is this split between the purists and maybe you can just describe to me what more would intel being a purist is and the split with the more commercial side can you two guys entities living can can you co-exist is there going to be any kind of a growing rift or is it just basically going to go down two parallel paths cody wilson or thoughts you know i think we your description is of course may be good valid right i think we'll of course the two to mentality should exist but one has tremendously more visibility restored. and maybe it will always be that way this is the story of the adoption of technology right it's kind of taken from a group of
economy a new currency a new crypto currency and of course going back three years four years ago this was dominated by guess what you could call almost a crypto punk community i mean deep hacker community very small very dedicated and they consider themselves i guess you could say to be purists whereas now three years later you have more of a commercial side of bitcoin going on and you have the bitcoin foundation which is really the public face now a bit coin is this split between the purists...
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was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transform from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world is to reverse the world war two and the americans decide to say we don't like the idea of winning a war let's lose a world war and that's where they are today enormous debt no manufacturing capacity and they've emboldened their competitors and now they're ready to lose what's now the currency war world war three it's pluckiest world we just live in it well max porkies with peter schiff right outside waiting to come in i figured all right stay tuned for the second half a whole lot more. speak your language. programs and documentaries in arabic in school here almost reporting from the world talks to see your piece interviews intriguing stories for you. arabic for him down. visits are a big old poteat dog color. is obviously more for the latest becau
was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transform from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world is to reverse the world war two and the americans decide to say we don't like the idea of winning a war let's lose a world war and that's where they are...
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was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transformed from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world is to reverse the world war two and they're murderous decide to say we don't like the idea of winning a war let's lose a world war and that's where they are today enormous debt no manufacturing capacity and they've emboldened their competitors and now they're ready to lose what's now the currency war world war three it's plucky world we just live in it well max porkies with peter schiff right outside waiting to come in i figured all right states over the second half a whole lot more. money. says immediately though so we need to be. motions to the. party there's a bill. for shoes that no one is asking with to get big you deserve answers from. politics only on our team. if you. start to construct your own. kid an olympian bit gives don't want to b
was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transformed from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world is to reverse the world war two and they're murderous decide to say we don't like the idea of winning a war let's lose a world war and that's where they...
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was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transformed from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world is to reverse the world war two americas decide to say we don't like the idea of winning a war let's lose a world war and that's where we are today enormous debt no manufacturing capacity and they've emboldened their competitors and now they're ready to lose what's now the currency war world war three it's pluckiest world we just live in it well max porkies with peter schiff right outside waiting to come in i figured all right stay tuned for the second half a whole lot more. do we speak your language i mean some of the will or not at the end. news programs and documentaries some spanish more matters to you. but we'll tune into bangles stories. so you hear. this story told t. spanish more and more visit. tito it's comb. over . did you know the pr
was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transformed from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world is to reverse the world war two americas decide to say we don't like the idea of winning a war let's lose a world war and that's where we are today...
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was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transformed from a war economy to a manufacturing economy today america's debt is higher than it was after world war two it. what they've done is they've decimated their old economy and enfranchise the rest of the world is the reverse of world war two and they're murderous decide to say we don't like the idea of winning a war let's lose a world war and that's where they are today enormous debt no manufacturing capacity and they've emboldened their competitors and now they're ready to lose what's now the currency war world war three it's plucky world we just live in it well max porkies with peter schiff right outside waiting to come in i figured i stayed over the second half a whole lot more. as a media leader so we need to be. the same motions to. play your part of the physical. issues that no one is asking with to get that you deserve answers from it's all on politics only on our team. is obviously more for the latest because it's pink. women wanted to avoid rape
was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transformed from a war economy to a manufacturing economy today america's debt is higher than it was after world war two it. what they've done is they've decimated their old economy and enfranchise the rest of the world is the reverse of world war two and they're murderous decide to say we don't like the idea of winning a war let's lose a world war and that's where they...
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was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transform from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world it's the reverse of world war two murders aside to say we don't like the idea of winning a war let's lose a world war and that's where they are today enormous debt no manufacturing capacity and they've emboldened their competitors and now they're ready to lose with now the currency war world war three it's plucky as world we just live in it well max porkies with peter schiff right outside waiting to come in i figured all right states over the second half a whole lot more. sigrid laboratory to mccurry was able to believes most sophisticated robots which ones work usually doesn't give adorn about any food tombs mission to teach creation why it should care about humans and we're going this is why you should want your only on the board to dot com. liv
was enormously high but they had set the stage for world domination because all their competitors were annihilated and they transform from a war economy to a manufacturing economy today america's debt is higher than it was after world war two except what they've done is they've decimated their old economy and enfranchise the rest of the world it's the reverse of world war two murders aside to say we don't like the idea of winning a war let's lose a world war and that's where they are today...